8224 Skyline Drive, Los Angeles, California 90046, Los Angeles, 90046 - 4 bed, 4 bath
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Los Angeles, California 90046
This Classic Mid-Century Modern Value-Add is a Strong Value Opportunity, listed at $2,350,000—positioned well below the $2,586,579 Fair Market Value by 9%. This valuation gap provides $236,579 in Instant Equity. Maintaining a Fair Condition Rating, the home features a 3,034 sq. ft. layout on a generous 13,766 sq. ft. lot with a private pool, spa, and canyon views. Situated in the elite Wonderland School District, this property offers significant upside through modernization. It is a premier choice for Owner-Occupants or Design-Focused Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8224 Skyline Drive Subject | $2,350,000* List Price | 4 | 4 | 3,034 | $853 | - |
A 2442 Green View Place Sold | $2,600,000 | 4 | 3 | 3,094 | $840 | 0.2 mi |
B 8414 Edwin Drive Sold | $2,900,000 | 5 | 4 | 3,261 | $889 | 0.2 mi |
C 8238 Skyline Drive Sold | $1,870,000 | 3 | 3 | 3,012 | $621 | 0.0 mi |
D 2056 Oakstone Sold | $2,746,000 | 4 | 4 | 3,445 | $797 | 0.9 mi |
E 2700 Carmar Drive Sold | $2,325,000 | 3 | 3 | 2,454 | $947 | 0.4 mi |
F 2127 Kress Street Active | $2,550,000 List Price | 4 | 4 | 3,001 | $850 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965 and meticulously maintained by the same owners for 40 years, the home is in clean, livable condition but is stylistically outdated. The interior features 1980s/90s-era renovations, including extensive floral wallpaper, white carpeting, and dated bathroom tiling/fixtures. While the kitchen is functional with some stainless steel appliances, the cabinetry and overall aesthetic require modernization to meet current market standards, aligning with the 'Fair' criteria for homes renovated 15–30 years ago.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13766, living area = 3034.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated in the prestigious Laurel Hills enclave, the property is located near the highly-rated Wonderland Avenue Elementary school, significantly boosting its desirability and long-term investment value.
Having been held by the same owners for over 40 years, the interior likely requires significant cosmetic updates and renovations to meet the expectations of modern luxury buyers.
Given the 1965 construction date, buyers should anticipate potential needs for upgrading major systems such as electrical, plumbing, or HVAC to ensure modern efficiency and compliance.
Some homes change hands often. This one was lovingly kept by the same owners for more than 40 years. This classic single-story Mid-Century Modern in the highly sought-after Laurel Hills enclave of the Hollywood Hills is a rare home that speaks for itself and stays with you. Set on a generous 13,766 sq. ft. lot with a pool, this 3,000 sq. ft. residence offers 4 bedrooms and 3.5 bathrooms, with an expansive, flowing floor plan designed for both entertaining and everyday living. A large den, formal dining room, and breakfast area give the home its ease and commanding scale. The oversized primary suite offers serene garden views and a spacious walk-in closet. Outside, canyon views wrap around the private pool and spa, with city and Valley lights twinkling in the distance. Driveway accommodates parking for multiple cars. Detached two-car garage. Close to the Mulholland Tennis Club, Studio City, West Hollywood, and the Westside. Near Wonderland Avenue Elementary school; buyer to verify school assignment, enrollment, and availability with LAUSD.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 2.2 mi
Grades K-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 4.0 | 3.0 | 60% |
| Square foot | 3,034 | 2,341 | 66% |
| Lot Size | 13,766 | 7,612 | 79% |
| Price | $2.35M | $2.33M | 50% |
| Price per sq ft | $775 | $957 | 21% |
| Built year | 1965 | 1957 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 182 | 1% |
Apr 15, 2026
$2,350,000
Initial Listing